Lawal appointed as GTBank ED

The Board of Directors of Guaranty Trust Bank plc, has announced the appointment of Mobolaji Lawal as an Executive Director of the Bank. Prior to his appointment, he was the Divisional Head, Digital Banking Division.

Lawal who joined the Bank in 1992 as an executive trainee and rose through the ranks to become a General Manager, a position he held until his appointment as Executive Director.

He has over 24 years’ of banking experience, which covers various aspects of banking including credit risk management; corporate banking group; commercial banking group; investment banking and corporate finance where he served as Group Head.

Under his leadership, the Group worked on several landmark debt syndications, capital market and project finance transactions both in Nigeria and abroad.

He holds a Bachelor of Law degree from Obafemi Awolowo University (1990); B.L from the Nigerian Law School (1991) and a Master of Business Administration from the Oxford University, United Kingdom (2002). He has also attended several executive management and banking specific developmental programme in leading educational institutions such as Harvard Business School, Stanford Graduate School of Business and Institut Européen d’Administration des Affaires (INSEAD).

Commenting on the appointment, Managing Director/Chief Executive Officer of the Bank, Segun Agbaje, said the bank maintain high corporate governance standards and ensure Board appointments are in line with global best practices.

He further stated: “Bolaji has been an integral part of the Bank’s success and has seen the bank evolve and develop through the years. I am confident that his appointment to the Board will further strengthen and position the bank for improved performance”.

Guaranty Trust Bank plc was established in 1990 and is regarded by Industry watchers as the best run and most ethical financial institution within the Nigerian Financial Services space, due to its bias for world-class corporate governance standards, excellent service quality and innovation.

The Bank is one of the few Nigerian financial institutions to have a well-articulated succession plan and this has enabled it seamlessly undertake two management and several board changes since inception.